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NewsApril 21, 2016

Car-Buying Startup Launches Used Car Leasing Option

Beepi, a car-buying startup, announced that it will be adding a leasing option for its used-car buying service.

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NewsApril 21, 2016

Lease Credit Approvals Dip in March

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit approvals are lower again after a hike in February levels. Auto lease credit approvals for the month of March finished at 66.7%, down from the February mark of 70%.

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NewsApril 20, 2016

Black Book Enters Partnership with Auction Simplified

Black Book announced a partnership with Auction Simplified that will make them the exclusive provider of vehicle valuation data.

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NewsApril 14, 2016

KAR Forms New Group and Appoints Leader

KAR announced the formation of its data science solutions group and leading it will be Dr. Huey Antley, he will serve as vice president and chief data scientist of this new group.

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NewsApril 13, 2016

Cox Automotive Gains Majority Stake of Molicar

Cox Automotive has acquired a majority shareholding in Molicar, Brazil's vehicle valuations business.

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NewsApril 13, 2016

Vehicle Data Repository Created by AutoIMS, Chrome Data

AutoIMS has announced a new data partnership with Chrome Data to offer sellers standardized vehicle content data directly through the AutoIMS platform.

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NewsApril 13, 2016

AutoTrader.com Lists 10 Best Used Vehicles

AutoTrader.com has put together a top 10 list of the best used vehicles worth $13,000 or less.

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NewsApril 12, 2016

Vehicle Depreciation Accelerating in 2016

Used vehicles depreciated an average of 3.6% in the first quarter compared to 0.6% in 2015 in a signal of sharper depreciation, but values improved in March over January and February levels, according to Black Book.

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NewsApril 8, 2016

Wholesale Car Prices Declining in Q1

Data from January to March has shown that wholesale pricing is down and sales are up for dealers, marking a good start for the used car industry so far in 2016.

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NewsApril 4, 2016

KAR Acquires Brasher's Auto Auctions

KAR Auction Services, Inc. announced that its subsidiary, ADESA, Inc., has successfully completed the acquisition of eight auctions owned by the Brasher family and includes its floorplan financing business.

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